About your Search

20121027
20121104
Search Results 0 to 2 of about 3
unplugged. superstorm sandy gave life to a new set of scams. find out how to protect yourself. and, why the creator of star wars is giving "new hope" to education. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning everybody. i'm angela miles. it's november 2nd, and it's jobs friday. it may or may not be deal-breaker for voters, but tensions are high over the jobs numbers due out today. it's anticipated 125,000 jobs were added in october, and the unemployment rate edged up to 7.9% from 7.8%. in the latest numbers on jobs, adp reports 158,000 jobs were added to payrolls last month, while the goverment reports claims for unemployment benefits last week fell by 9,000 to 363,000. stocks surged ahead of today's jobs numbers. the dow rallied 137 points, the nasdaq up 43, and the s&p popped 16 pts. gold dropped $4 and oil inched up to nearly $87. tim mulholland of china america capital joins us now from the trading floor of cme group. good morning, good to have you on the show this morning on this jobs friday. > > go
shutdown caused by superstorm sandy. it was critical for the markets to open today. it's the end of the month, which means money managers will be pricing portfolios. a conference call is scheduled today for european leaders to talk about the progress greece is making on austeritiy measures to get its much needed bailout. may the force be with disney. disney is buying lucasfilm for $4 billion. george lucas is the creator of "star wars." tres knippa of kanai capital management joins us this morning. good morning. at last, a trading day for you there. tres, i wonder, what's the trade that you're really aching to get in. what do you think will be your first trade today? > > in the last couple of days, as you analyzed what happened and as the storm hit, there were kind of some absolutes in my mind about what should have happened. number one, as you close refineries along the eastern seaboard, you should have seen spikes in unleaded gasoline prices. but by the same token, if those refineries are closed, that means that the end users don't need crude. they're not going to buy crude. so
session after a 2-day shutdown due to superstorm sandy. in the end, october had some wicked moments for investors, leaving the dow down 2.5% and the s&p 500 off 2%, while the nasdaq lost 4.5%. and employment figures from adp for september were revised down, showing 88,200 jobs were added verus the 162,000 originally reported. this is just a test. the people at research in motion are testing the new blackberry 10 smartphones with 50 carriers around the world. even though it was a down day yesterday, todd horowitz of average joe options joins us. todd, i have to tell you, it was good to see those traders back on the trading floor. what was your impression of that trade? > > good morning. it was nice to be back. it was nice to be back in action. however, the trade was very slow and very dull, and we're still trying to figure out, we're trying to make sure that all the systems were working properly, and there is a lot of news coming out today and tomorrow with the adp jobs today and the regular jobs report tomorrow. so, it figured to be a little slow yesterday anyway. > > we had a surp
Search Results 0 to 2 of about 3